J.P. Morgan: Credit card debt a retirement hurdle for many
Nearly half of retirement plan participants carry credit card debt, a factor that increases the likelihood they’ll take a loan from their retirement accounts, according to a new report from J.P. Morgan Asset Management. The “Retirement by the Numbers” study found that high credit card balances are l
Will federal AI regulations override state housing efforts?
President Donald Trump’s new executive order that creates a single federal framework for artificial intelligence (AI) is reverberating throughout the housing industry. While states have been moving to regulate AI tools used in home pricing, marketing, tenant screening and mortgage decisions, the new
Exclusive: UWM’s Blake Kolo breaks down the strategy behind the Two Harbors deal
The move by United Wholesale Mortgage’s (UWM) parent company to acquire Two Harbors Investment Corp. for $1.3 billion — the first acquisition in its history — marks a shift towards a more balanced business model between origination and servicing for the nation’s top mortgage lender. UWM will continu
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